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Bitcoin dips to $82K as China’s Q3 growth beats forecasts and Nasdaq rises.

Market News
19 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin dips to $82K as China’s Q3 growth beats forecasts and Nasdaq rises.

Bitcoin briefly surpassed $83,000 on October 19 but retreated to around $82,000 by early evening ET. This movement coincided with China reporting a stronger-than-expected 4.5% GDP growth in Q3, up from 4.3% in Q2, boosting market sentiment. Meanwhile, the Nasdaq Composite gained 1.1%, reflecting positive tech sector momentum, while the S&P 500 rose 0.4% and the Dow Jones fell slightly by 0.1%. Despite the headline GDP growth, China showed weaker domestic indicators such as a modest 1.1% rise in retail sales and a significant 20.6% drop in real estate investment for the first nine months of 2026. These mixed signals suggest cautious optimism in global markets.

Bitcoin's recent price movement comes as 46 out of 50 major cryptocurrencies on Pluang rose today, showing broad market strength. For readers following Bitcoin, here is Pluang's market snapshot as of Oct 20, 2026 04:42 WIB: SAND (The Sandbox) rose 5.04% to Rp1.065 with a 44% Sell / 56% Buy order split, XTZ (Tezos) gained 4.85% to Rp5.401 with 0% Sell / 100% Buy activity, and GRT (The Graph) increased 4.73% to Rp428 despite 84% Sell / 16% Buy activity. Typical hold times on Pluang range from 99 to 123 days for these assets.

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